What resources or tools does the CFPB provide to help consumers manage their money?
The Consumer Financial Protection Bureau (CFPB) offers a wide range of resources and tools to assist consumers in managing their finances effectively. Their website provides educational materials such as articles, guides, and videos on various financial topics, including budgeting, saving, and credit management. The CFPB also offers free worksheets and templates to help consumers create budgets and track their expenses. Additionally, they provide a tool called the "Ask CFPB," where consumers can find answers to common financial questions or submit their queries. The CFPB's website also features interactive tools like "Know Before You Owe," which simplifies complex financial terms and compares different loan options. With these resources and tools, the CFPB aims to empower consumers to make informed decisions about their money and improve their financial well-being.
Answered Nov 2, 2023
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